Aging - Accounts Receivable

PARAMETERS

MANAGE ACCOUNTS RECEIVABLES

Accounts Receivables [ACCOUNTS_RECEIVABLES]

Activates the Accounts Receivables functionality

ROLES / TASK PERMISSIONS

Accounts Receivables Aging

Accounts Receivables Aging is a quick visual reference (graph and table) of the account balance by Aging periods (buckets). The account balance shown primarily consists of unpaid or partially paid invoices, but also may contain unallocated credits (payments or credits which have not been applied to an outstanding invoice).

This feature can be used to determine invoices that are overdue for payment, and credits that have not been applied.

Accounts Receivables Aging Jump - initial view Primary details for the account you are currently viewing. Unallocated credits (credits or payments that have not yet been applied to a specific invoice) will show as a negative amount when viewing in the "Detail" graph view. Balances owed (open invoices/balances) in any column could represent one or more invoices; credits or payments that were applied to specific invoices have already reduced this amount. The Open balances and unapplied Credits for each period of time (Bucket) are shown here in table format. Select an account from this panel to view the details for that account. The account that is currently in view switches with the account you select here.

The Aging summary view displays the net balances owed for the selected account. Note that in this view, unallocated payments or credits are merged with open balances within their aging period (bucket). If the unallocated credit / payment amount is larger than the open balance for that aging period, the unallocated amount shows as a negative value on the graph and in the table.

Aging's bottom graph displays the net balances owed in graph and table form for one or more selected accounts. Note that in this view, unallocated payments or credits are merged with open balances within their aging period (bucket). If the unallocated credit / payment amount is larger than the open balance for that aging period, the unallocated amount shows as a negative value on the graph and in the table.

To quickly view only one of the accounts, select its link after expanding an aging period using the table.

To view accounts multiple properties you must be logged in to a HUB that contains those properties.

A grouping of two or more properties. An OPERA Cloud user can be logged in to a HUB (access to multiple properties) or a single property.